Market Report
Beach Marcelle waterflood project going well, says Range Resources
International oil and gas company Range Resources updated the market on its producing waterflood project in the south east area of the Beach Marcelle field in Trinidad on Thursday, reporting that it was now undertaking work to expand the project.
Clear Leisure suffers cryptocurrency delay, awaits next Mediapolis hearing
Clear Leisure updated the market on its cryptocurrency mining data centre and the ongoing Mediapolis appeal on Thursday, reporting that as of Wednesday, the centre - Miner One - has extracted approximately 0. 454 Bitcoins and 17. 045 Litecoins in pool mining mode.
Asia report: Markets mixed as trade tensions worsen
Markets in Asia ended their sessions in a mixed state on Thursday, as trade tensions between the US and China escalated even further.
Big drop in US secondary unemployment claims
US jobless claims moved lower still over the latest week, underling the ongoing strength of the labour market.
City Pub Group toasts swing to profit
Boosted by the long hot UK summer, City Pub Group swung to a profit during the first half of its trading year.
Philly Fed factory index jumps back in September
Factory sector activity in the US mid-Atlantic region bounced back sharply in September on the back of a big increase in firms' new orders, according to the results of a widely-followed survey.
OECD warns against further protectionism, trims world GDP forecasts
The Organisation for Co-operation and Development has trimmed its forecasts for world growth for this year and next, cautioning that trade tensions, tighter financial conditions in emerging markets and political risks might further undermine "strong and sustainable" medium-term growth around the world.
Europe midday: Stocks shrug-off uncertainty around trade and EM
European stocks are making solid gains as investors brush aside concerns about trade tensions between the US and China, emerging markets and despite a mixed close on Wall Street overnight.
Ryanair chairman holds on but support wanes
Ryanair chairman David Bonderman survived an investor vote on Thursday, though received a slight 'bloody nose' from shareholders.
ShoreCap ups Boohoo to 'buy' after share price drop
Shore Capital upgraded online fashion retailer Boohoo to 'buy' from 'hold' on Thursday following a 13% drop in the share price in the last three months.
Diageo profits to be diluted by emerging markets volatility
Diageo has been buffeted by "increased volatility in some markets" and heightened emerging market foreign exchange instability in recent weeks, which will results in a £45m hit to profits.
Trackwise profits on the rise in first results since AIM flotation
Trackwise Designs saw revenues and profits move ahead in the first six months of its trading year.
US pre-open: Stocks seen touch higher ahead of data slew
US stocks looked set for small gains at the open on Thursday as investors shrugged off the trade conflict between the US and China- for now - and looked ahead to a slew of data releases.
London midday: Stocks maintain small gains as pound rallies on retail sales
London stocks were still in the green by midday on Thursday, but gains were modest as the pound was lifted by an unexpected jump in retail sales last month and Brexit hopes.
UK retail sales unexpectedly increase
UK retail sales unexpectedly jumped last month, with increases across all sectors except food and clothing.
Hurricane Energy losses widen ahead of first production
Hurricane Energy took a sizeable paper loss in the first half of its trading year ahead of first production pencilled in for the first half of next year.
N4 Pharma calls it a day on generics division, losses widen
After undertaking a strategic review, N4 Pharma directors have decided to discontinue further development of Sildenafil and shutter the rest of its generics division.
Rio Tinto outlines $3.2bn share buyback
Rio Tinto outlined its plans to return around $3. 2bn to shareholders on Thursday through a share buyback programme, following the disposal of its coal assets.
Europa Metals pleased with increased resource estimate at Toral
European lead-zinc explorer Europa Metals announced on Thursday that, further to its recent re-logging programme of certain historical core from its 100%-owned Toral lead-zinc-silver project in northern Spain, an updated independent mineral resource estimate had been completed for the project reporting increased tonnage and levels of contained metals.
Europe open: Stocks rise as trade worries recede; autos rally
European stocks rose in early trade on Thursday as investors brushed aside concerns about trade tensions between the US and China.